Standard Deviation Formula

Horizontal integration refers to when a company seeks to acquire one or more companies and assets within the same industry.

The return on equity (ROE) equation is used to calculate a company’s returns on capital raised through equity.

An ‘exit’ is when a founder leaves a startup. For many founders, this is something they’ve planned for from day one, perhaps even hoping to build a unicorn company. They created the startup with the plan of cashing out at some point by selling ownership of the company either to investors or to another company.